Apple Hits $4 Trillion Valuation as iPhone 17 Sales Drive Stock Rally
Apple Inc. has reached a $4 trillion market value, becoming only the third company after Microsoft and Nvidia to achieve this milestone. The surge follows strong sales of its latest iPhone 17 lineup, launched on September 9, which reignited demand in major markets such as the US and China. Apple’s shares have risen nearly 13% since the launch, pushing the stock into positive territory for the year. Analysts attribute the rally to better-than-expected early sales and strong consumer response to camera and performance upgrades. Despite this momentum, some investors remain cautious about Apple’s slower progress in artificial intelligence compared to competitors. However, market experts believe the robust iPhone demand and upcoming holiday quarter could further strengthen Apple’s earnings outlook. The company’s performance has reinforced its dominance in the tech sector and reaffirmed investor confidence in its ability to sustain growth amid a competitive global market
